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JUST IN: Government Announces Fuel Subsidy As Fuel Prices for January Are Announced

After the energy and petroleum regulatory body (EPRA) declared that a gasoline subsidy will begin in January, the government appears to have changed its mind about them.

The government would partially support oil marketing corporations, according to the energy regulator's announcement, in order to maintain the same price for fuel.

According to EPRA, "the Government will use the Petroleum Development Levy to reimburse oil marketing businesses for the cost disparity."

The latest assessment states that Super Petrol would retail for Kshs 177, Diesel for Kshs 162, and Kerosene for Ksh145.9 per litre, all of which are the same pricing as last month.

The partial return of the oil subsidy comes few months after president William Ruto announced that the government will be doing away with all types of subsidies with the exception of subsidizing production.

The latest fuel review comes as somewhat of a relief to consumers as the tariffs will remain the same.

Content created and supplied by: ARIMIS (via Opera News )

Diesel EPRA Kerosene Kshs Petroleum Development Levy


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